Market Insights

Living Market Insights: December 2022 The 2022 real estate market in Stanwood and Camano Island “ended with a whimper rather than a bang”, stated Matthew Gardner, Chief Economist at Windermere Real Estate. “Overall, the housing market is going to continue falling off the ‘sugar high’ that was a function of the artificially low mortgage rates during the pandemic,” he added. […]
Living Market Insights: November 2022 November 2022 in Stanwood and Camano Island was kicked off with an early seasonal holiday slowdown. This seasonal pause, combined with local weather, interest rates, economic news, and a volatile stock and crypto market made it easier for buyers and sellers to place large decisions on hold. New Listings: Camano Island had only 18 new […]
Living Market Insights: October 2022 October 2022 in Stanwood and Camano Island saw buyers being able to take more time to purchase a home with less competition and time pressures than we saw just months ago. We are seeing a return to creative financing methods as tools to combat higher interest rates and bring homes to more affordable mortgage payments […]
Buying Market Insights | September 2022 September 2022 in Stanwood and Camano Island was like the pre-pandemic September of 2019. We cannot compare today’s housing market with the COVID stimulus market of 2020 – early 2022. Windermere’s Chief Economist, Matthew Gardner has dubbed this period “The Great Reversion”. Sales volume has dipped a little in our area, which is common for […]
Buying Market Insights | August 2022 . August 2022 in Stanwood and Camano Island was an August with market conditions similar to what we experienced in pre-pandemic times. Sales volume has dipped a little in our area, which is common for August, but the average sales price is continuing to hold steady. Many of the homes that are going under contract […]
Buying Market Insights | July 2022 . July 2022 in Stanwood and Camano Island was a time for Buyers and Sellers to recalibrate and take note of the shifting market. Expectations are changing as the market continues to normalize. Sales volume has dipped a little in our area, but prices are continuing to hold steady. Of the 68 homes sold in […]
Buying Market Insights | June 2022 . June 2022 in Stanwood and Camano Island showed signs of returning to a normal market. This shift is creating opportunities for some Buyers that we did not see in 2020 and 2021. Generally, there are more houses on the market, longer market times, steadying home prices, fewer showings, and open house attendees, fewer offers […]
Buying Market Insights | April 2022 . April 2022 in Stanwood and Camano Island ended with a combined 170% increase in inventory over April of last year. This is one of the signs that our market has downshifted from a market that was extremely hot, to a more normal market similar to what we were experiencing pre-pandemic. This increase in inventory, […]
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Buying Market Insights | March 2022 March 2022 in Stanwood and Camano Island looked different for our two markets. Generally, Stanwood and Camano Island mirror each other in many ways, but this month ended with the stats looking a little different in each area..New Listings: Camano Island added 20% fewer listings to the market in March, while Stanwood added a much-needed […]
Market Insights Market Insights | February 2022 February 2022 in Stanwood and Camano Island ended with a much-needed increase in listings. We are feeling optimistic about the housing market as pandemic-related restrictions ease, but also some hesitancy due to the global economic uncertainty around Russia’s invasion of Ukraine. . Our inventory increased by 66 new listings in the Stanwood Camano Island market […]
Market Insights Market Insights | January 2022 JANUARY 2022 in Stanwood and Camano Island ended slower than January 2021 in sales, pending sales and new listings. The only increase was in the average sale price, $681,807 in our combined market for January. Despite the slower January, we see signs of a busy spring market ahead. . “The year started off with more of […]
Market Insights 2022 Market Forecast We were so honored to be joined by Matthew Gardener on January 21, 2022. Matthew gave insight into the 2022 housing market, giving his predictions both on the real estate industry as a whole and the future of our local market in the Stanwood Camano area. . Take a look at Matthews Slides from the […]
Market Insights Market Insights | December 2021 DECEMBER 2021 ended with severe shortages in inventory, historically low temperatures, and a blanket of snow, bringing the market to a new year slowdown. . The average sale prices in Stanwood and Camano Island rose 21% at the end of December compared to last year. The inventory levels did the opposite. There were 20% fewer listings […]
Buying Market Insights | November 2021 . NOVEMBER 2021 did not bring any downtime for buyers in our market! Usually, buyers tend to take a break as the holidays approach, but demand remained high last month. Our inventory is down 35% in Stanwood and 6% on Camano Island from one month ago, with only 39 active listings in our two zip […]
Buying Market Insights | October 2021 . OCTOBER 2021 showed signs of a seasonal slowdown in the Stanwood Camano Island market. There is historically a decline in listings as we head into the 4th quarter. This year, the work from home uncertainty from some employers, wetter weather and a very slight uptick in interest rates were probable factors for the slower listing […]
Buying Market Insights | September 2021 . SEPTEMBER 2021 insights sound a little bit like a broken record. The Stanwood and Camano Island markets continue to be driven by low-interest rates, pent-up Buyer demand, job and lifestyle changes, and inventory shortages. These all add up to a very active market..There were 92 new listings added in September in the 98282/98292 zip […]
Buying Market Insights | August 2021 AUGUST 2021 statistics show the volume of new listings rose from both July (up 4%) and twelve months ago (up 24%). Total inventory for Stanwood and Camano Island fell 40% on Camano Island and 3% in Stanwood from a year ago but stayed even with July. . The average price on the 96 residential homes that […]
Buying Market Insights | July 2021 JULY 2021 showed signs of relief for Buyers in the Stanwood/Camano Island market, but this may be short lived. Inventory increased as 128 residential listings were added in zip codes 98282 and 98292 in July. This is 28% more listings than were added in July of 2020, but slightly less than last month. . Prices […]
Buying Market Insights | June 2021 JUNE 2021 ended with 65 active listings in the Stanwood and Camano Island market, the highest level since October when Buyers could choose from 70 properties in our zip codes. The volume of new listings added in June was 135, an increase of 9% from a year ago. This is good news for Buyers, and the […]
Buying Market Insights | May 2021 MAY 2021 was an active month in the Stanwood, Camano Island market. 95 residential listings were added in our zip codes 98282 and 98292. This is slightly fewer than May of 2020, when 104 new listings were added. However, 87 residential homes sold during the month of May with an average sale price of $686,681, […]